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New EV Tax Incentives Will Drive Infrastructure Growth
Rarely has the progress of a fledgling new industry been so predicated upon passage of legislation as was the clean energy transportation sector with the $1.2 trillion once-in-a-lifetime infrastructure bill that Joe Biden signed into law on Monday. In addition to money for roads, bridges, ports, public transit – you know, all the usual stuff – the Build Back Better bill provides bold new incentives for drivers to go electric, including a $7,500 tax credit for EV buyers through 2026. Cars costing $50,000 or less and trucks, vans and SUVs costing $80,000 or less will qualify.
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Installations of the Month (November 2021): LADOT Lots 628 & 639
Los Angeles continues to be the epicenter for America’s green transportation “EV-olution,” and EVCS continues to lead the charge there, having installed over half the city’s publicly accessible non-Tesla charging stations for two years running. According to industry group Veloz, nearly one in 10 new vehicle sales in California are plug-in vehicles – which accounts for 45% of all plug-in vehicle sales nationwide – and that trend is only growing. In our research, many Angelenos cite the increased prevalence of DCFCs as a key reason why owning an EV has become practical, reducing their range anxiety and offering lightning-fast charging options while they shop, eat and play. This further reinforces the idea that greater access to modern charging infrastructure leads to more EVs on the road, especially in underserved areas that are sorely in need of outside economic investment to spur growth.
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Partnerships for Progress: Spotlight on Barlow Respiratory Hospital
Every now and then, if you’re lucky, you have the good fortune to engage with a strategic partner who shares your goals, values and vision. With acres of common ground, you effortlessly work hand in hand to advance causes that truly matter to the both of you. For EVCS, Barlow Respiratory Hospital is such a partner – one of those rare facilities that fully embodies our commitment to making the planet a safer, healthier, happier place, one person at a time.
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The Electrical Vehicle Industry Keeps Growing, and More Drivers are Making the Switch
The electrical vehicle industry keeps growing and more drivers are making the switch. This is why governments around the world are working to provide EV users with more and more places to recharge their cars. At EVCS, we’ve created an app that you can use when wondering “Hey, where can I find electric car charging stations near me.”
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Top 10 Reasons Why Mass EV Adoption is Inevitable
According to evadoption.com, EV sales are expected to grow from 3.4% of all new auto sales in 2021 to 29.5% in 2030. In fact, they cite several models that forecast explosive growth in EV ownership across the US over the next decade. See the full sales forecasts here complete with bar charts and supporting data: https://evadoption.com/ev-sales/ev-sales-forecasts/. While skeptics might pooh-pooh these projections as overly optimistic, we believe they may actually fall short of the eventual reality. Of course, only time will tell, but below are our top 10 reasons why we believe EVs will be as commonplace as microwaves come 2030.
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